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Acumatica Cloud ERP is getting an upgrade.

Acumatica 2020 R2 – coming soon to a desktop near you

By | Acumatica Cloud ERP | No Comments
Acumatica Cloud ERP is getting an upgrade.

Acumatica Cloud ERP is getting an upgrade.

Acumatica Cloud ERP has been helping organizations of many industries and sizes work smarter, not harder. Now, the launch of Acumatica 2020 R2 makes the benefits of Acumatica even more impactful.

Going live in a Virtual Launch Event on September 16, Acumatica 2020 R2 brings significant changes to the Acumatica Cloud xRP platform, starting with the user experience. Here’s a quick look at Acumatica 2020 R2 and what to expect from the new release.

Improved usability

One of the most notable usability features in Acumatica 2020 R2 is the ability to automatically create AP documents from vendor bills. Machine learning and AI continue to power the ERP to remove tedious, repetitive manual tasks.

Another welcomed feature is the ability to look up recently visited records with ease. The platform makes it easy to access up to 500 recently viewed records instead of having to start the search process from scratch.

Also available on the new rollout is a simplified data retrieval process. Query suggestions and previews save valuable time in typing out full queries and cut out much of the back and forth in looking for the right records.

Growth-fueling tools

Acumatica 2020 R2 includes several new tools to support growth initiatives.

Acumatica 2020 R2 includes several new tools to support growth initiatives.

Financial management and transparency will always be the core of any ERP, and Acumatica continues to improve in this area. New innovations in Acumatica 2020 R2 cater to sales teams, account managers, and AP/AR, as well as Shopify integrations that support eCommerce initiatives. In addition, vertical-specific features for construction, manufacturing, and field services provide revenue growth support.

  • For sales: Cross-company sales opportunities are easier to identify and execute, helping to increase revenue and profits.
  • For accounting: Streamlined bank reconciliation saves valuable man-hours and reduces errors.
  • For account managers: Centralized account management simplifies customer service and interactions and improves account visibility.
  • For Shopify users: The new commerce engine untangles the process of integrating Shopify with your ERP, as well as simplifies the process of tracking shipments, processing refunds, and notifying buyers.
  • For manufacturing: New features promote improved time to market by tracking production outputs, simplified collections, and prevention of overpayment.
  • For field services: New features allow appointments to span multiple days and include related travel and break times.
  • For construction: New pro forma workflows improve billing accuracy and ensure the accuracy of contract caps.

How NexTec delivers more value with Acumatica 2020 R2

For over 10 years, NexTec has built on Acumatica’s modular platform to bring even more value to our customers. Our goal is to help you maximize an already-robust platform and do even more with its features. What’s more, we can custom-tailor Acumatica to your specific industry and needs so that it works the way you need it to work.

The new rollout of Acumatica 2020 R2 has spurred several new developments from NexTec. Our new custom Chargeback Processing, Multi-Currency Processing, and Salesforce-to-Acumatica Connector features allow you to simplify sales and financial tasks above and beyond what’s offered by Acumatica.

Let us help you get out of the chore of time-consuming, error-prone manual tasks and help you work smarter with Acumatica.

Take the Acumatica product tour

Worker using a tablet to check product compliance.

Why manufacturing compliance is good for business

By | ERP, Manufacturing | No Comments

Checking manufactured product.

Time to make the donuts” was the theme of an old advertisement by Dunkin Donuts. You may identify with the baker in the ad when you think of the drudgery to maintain compliance with manufacturing regulations. But just like the baker in the Dunkin Donuts ad, complying with government regulations can reap many benefits. With a strong compliance program run through your Enterprise Planning Resource (ERP) software, you can become a lean, mean manufacturing machine.

Here are some of the benefits of being in compliance:

Compliance improves product quality and consistency

Government compliance regulations can be used to set the bar for the quality of your products. When everyone in the company knows the goal you must attain, everyone will be working toward that goal together. By staying in compliance, your product quality will stay consistently high. Compliance can be used as a means of encouraging your business to be the poster child of best practice. While competitors may be inclined to cut corners, you will have a competitive advantage by maintaining high adherence to regulations.

Compliance facilitates innovation

There’s nothing like an upcoming audit or the possibility of a hefty fine to motivate a company to review and improve its processes. With a strong compliance program, you will be set up to review your processes ahead of an audit and make changes or find new areas to improve. Also, if your manufacturing business is compliant by design, you will be set up to innovate when there are changes in technology, laws, or customer expectations.

Using a tablet to check warehouse compliance.

Compliance makes happy customers

Complying with government regulations is great for customer satisfaction on many levels. First, it will show your customers that you care about keeping them safe. Second, product quality and consistency mentioned above will give customers confidence in knowing what they are buying. In a world of increasing uncertainty, customers gravitate toward brands they trust and that make them feel safe, giving you an edge over your competition.

Finally, a fragmented compliance process can mean that customers need to jump through hoops to get the product and related information they need. A streamlined compliance system will get your customers on their way with product and information in hand.

Happy and healthy customers? Now that’s a company that customers will want to do business with again and again.

Compliance boosts the bottom line

Manufacturers with strong compliance cultures outperform their counterparts. Don’t believe it? According to this Assent study, the top ten companies using compliance software achieved an average total return of 247%, and a 28% compound annual growth rate (CAGR). Over the same five year period, the S&P 500 had a total return of 85%, and a CAGR of only 13%.

ERP streamlines compliance management

Staying in compliance isn’t easy, but with the right Enterprise Resource Planning (ERP) software and a Quality Management System (QMS), you can set up your company for automatic compliance processes that will become second nature to every employee. Recent trends show an ERP improves 95% of businesses who implement it.

NexTec can help you select the right ERP system for your manufacturing business. Contact us today and start using compliance as a competitive weapon to improve your business and grow profits.

Warehouse worker walking down an aisle.

How Acumatica helps manage distribution

By | Acumatica Cloud ERP, Distribution / Supply Chain, ERP | No Comments
Warehouse with worker walking down hallway.

Gain real-time insights into your warehouse, sales and inventory with Acumatica’s Distribution ERP software.

Wholesalers and distributors need Enterprise Resource Planning (ERP) software to help them reduce risk and provide real-time intelligence on key performance indicators (KPIs). Data in real-time means better decisions on distribution management, inventory control, order processing, order management, and stock forecasting.

Learn more about how Acumatica data-driven insights help distribution businesses.

Common challenges in distribution

Distributors industry rel on customers needing a steady flow of products. Yet unpredictable changes in B2C or B2B demand can leave distributors with excess or insufficient inventory.

Supply chain management is another challenge for many in the distribution business. Automation is critical for modern supply chain wholesalers and distributors that need real-time alerts for better ordering and warehouse management.

Distribution relies on speed, so optimizing picking, labeling, compliance, order processing, and shipping are key areas where better efficiency means improved profit margins.

These challenges are why distributors need a top-notch ERP distribution system that can help them manage their supply chain and logistics. Ideally, your ERP application should include inventory management, order management, fleet management, order processing, shipping, and integration with CRM and business intelligence.

Man in a business suit in a warehouse using his tablet.

Learn what’s in your warehouses at any time with warehouse and inventory management tools from Acumatica.

Choose Acumatica to manage your distribution

Acumatica Cloud ERP – Distribution Edition is built to help you manage your logistics and supply chain, improve customer satisfaction, reduce order times, and control costs. The Distribution Edition is cloud-based and fully integrated with manufacturing, field service, project accounting, and Acumatica CRM. The Distribution Edition includes:

  • Warehouse management
  • Advanced inventory management
  • Requisition management
  • Sales order management
  • Order processing
  • Purchase order management
  • Advanced financials

Here’s how Acumatica – Distribution Edition can help your business.

  • Key Performance Indicators. Most businesses use common KPIs such as cash flow, sales, and margins to measure performance at a point in time. Acumatica – Distribution Edition includes dashboards and reports with KPIs that matter to distributors, including inventory turnover ratio for high- and low-turnover items, on-time shipping ratio, and profitability by item.
  • Warehouse Management. Use barcode scanners and customized workflows to automate core warehouse functions, including picking, packaging, purchase order receiving, reshelving, transferring, and counting. Workers can use preprinted smart scan sheets for hands-free operations while lot and serial number tracking reduce mistakes.
  • Inventory Management. Acumatica helps you know what’s in your warehouse at any moment. With Inventory Management, you can segment inventory by class, know product availability across multiple warehouses, highlight out-of-date stock, and set reorder points. Use multiple valuation methods to manage costs accurately across multiple locations.
  • Sales Order Management. Integrate your sales workflows with automation tools that save time and improve customer experiences. With Sales Order Management, you can set up status change alerts and predefine order types with inventory allocation rules for better workflows, order processing, and document management. You can also set up volumes, quantity discounts, and preferred pricing for individual customers.
  • Requisition Management. Eliminate paperwork with automation software that streamlines complex purchasing processes, including sales quotes, approvals, and vendor bidding.

Acumatica – Distribution Edition is designed to solve your most significant business challenges. NexTec Group is a gold-certified Acumatica partner and has deep experience in ERP implementation. If you are a wholesaler, distributor, or manufacturer, we can help you streamline your distribution processes and get up and running with Acumatica. Learn how to manage your distribution business in the Cloud today. Manage your business in the cloudAdditional distribution resources

Distribution: Key metrics/KPIs for distribution

ERP and Business Intelligence in the distribution industry

Multi-warehouse woes: challenges in maintaining visibility

Top 4 pandemic challenges for manufacturers and how to solve them

Top 4 pandemic challenges for manufacturers and how to solve them

By | Acumatica Cloud ERP, Manufacturing | No Comments

Like all other industries, manufacturing faces several challenges during the COVID-19 pandemic and beyond. Here are four challenges to consider, along with some ways to turn challenges into opportunities.

Top 4 pandemic challenges for manufacturers and how to solve themChallenge 1: Access to data while working remotely

To socially distance and keep the virus at bay, many manufacturing employees need to work from home but still have access to the information they need for their daily work. However, a strictly on-premise ERP (Enterprise Resource Planning) solution landlocks information and requires employees to be physically present onsite in order to get the data they need. In the wake of the COVID-19 pandemic, that is no longer a sustainable option.

A cloud-based ERP solution enables your workforce to access essential systems from anywhere at any time. Your business operations can continue to run smoothly even when your offices sit empty.

A cloud-based ERP also integrates with collaborative tools, enabling your staff to maintain productivity and work together on projects already in development, ensuring your company does not miss a beat, despite the changed circumstances.

Challenge 2: Supplier management

The COVID-19 pandemic has had a major impact on the manufacturing supply chain. Many manufacturers that once relied heavily on imports and parts from suppliers in other countries now find themselves scrambling to find new sources either in-country or from areas less affected by COVID-19.

The World Economic Forum notes on the subject: “In the near term, it is expected that companies will begin seeking out a more diversified supplier base while looking to develop a flexible, but cost-efficient, supply chain. For the longer term, however, companies will need to undertake a more holistic analysis, which may lead to more drastic changes, such as moving supply chains nearby, or to different countries, as well as increasing the digitalizing of supply chains, with a view of creating a more sustainable operation for the future.”

Manufacturers that have moved to a cloud-based ERP system are better able to meet supply chain challenges during a crisis. That is because Cloud ERPs offer modern supply management tools with data and analysis available in real-time that provide a clear view of the status of supplies and the needs across the company. With up-to-date information, you can forecast and reallocate supplies and costs as needed, giving you the agility and flexibility that older ERP systems may not offer.

Challenge 3: Traceability and product recall management

Pandemic or not, manufacturers always face the challenge of product traceability and product recall management. However, in light of increased scrutiny and emphasis on product safety and consumer health, the ability to track products and immediately initiate recalls when problems are detected is essential.

Cloud-based ERP software integrates information from multiple disparate sources into a single source of truth, giving you end-to-end visibility into your products, from raw materials through sale and distribution. That means you can instantly track specific products, initiate a product recall if needed, and oversee all tracking operations from anywhere at any time via the device of your choice.

Challenge 4: Maintaining a 360-degree view of operations

With some staff working remotely, your production teams working in staggered shifts to accommodate social distancing mandates, your product lines shifting to meet new market demands, and your supply chain partners changing rapidly, getting a clear picture of operations is a little like trying to hit a moving target.

The right ERP solution addresses that challenge by pulling all the data you need from multiple sources into one system so that you can easily use it for analysis and reporting. With intuitive dashboards and built-in reporting capabilities, you can quickly get a 360-degree view of your company and gain the insights you need to make good decisions, whether you are dealing with a global pandemic or not.

Acumatica: A Cloud-Based ERP for Manufacturers

Acumatica Cloud ERP – Manufacturing Edition is made specifically for the manufacturing industry. It offers a complete, multi-site manufacturing control and planning system for manufacturers of any type, including make-to-stock, make-to-order, configure-to-order, engineer-to-order, project-centric, job shop, repetitive, and batch manufacturing.

It is a complete manufacturing automation solution that integrates shop floor with sales, accounting, ordering, projects, and inventory in real-time. With Acumatica, you can know exactly where you stand at any moment with real-time reporting and analytics. It also enables real-time collaboration with staff, customers, and suppliers from a single source of truth for your company.

NexTec is proud to be an Acumatica Gold Certified Partner. Since 1994, NexTec Group has been in the business of software, and as a leading reseller of Acumatica, we have helped manufacturers just like you to implement the solution and realize the benefits of Acumatica. Take the Acumatica product tour today and discover how to streamline your manufacturing business.

Take the Acumatica product tour

Female construction worker with orange hard hat and vest.

Acumatica: Ideal for Field, Professional and Oilfield Services

By | Acumatica Cloud ERP, ERP, Field Services, Oilfield Services, Professional Services | No Comments
Female construction worker with orange hard hat and vest.

Oilfield services companies need solutions that allow for precise project accounting, data collection and analytics.

If your company is in the business of service, such as a professional firm or a resources exploration company, you need a way to keep everyone connected.

With the right ERP (Enterprise Resource Planning) software, you’ll have the power to connect your business’s core components with your service teams and help them be more productive and coordinated. As a result, you’ll have better outcomes for your business and your customers.

An ERP in the Cloud is even better because service teams will be able to access ERP data no matter where they are and at any time as long as they have an internet-enabled mobile device. Field service management, professional service management, and oilfield service management will all benefit with a Cloud ERP.

A Cloud ERP solves these common challenges for service companies:

  • Unites teams and departments with the bigger picture
  • Helps meet customer expectations for reliability and on-time delivery
  • Helps ensure compliance with local, state, federal, international, and industry mandates
  • Centralizes company and client knowledge that all teams can access

Acumatica Cloud ERP is designed to deliver on the greatest needs of field service management, professional services, and oilfield services. Here’s how:

Field Service Management

Field service management operations have to address a wide range of customer demands and complexities in scheduling, operational efficiency, and logistics. Among the common challenges are:

  • More product complexity as the variety of and technology used in products grows. Items such as refrigerators, washing machines, and HVAC systems are increasingly “smart.” These connected devices require technicians that can address mechanical and digital issues
  • Increased competition in both product sales and service providers
  • Ever-increasing customer demands and expectations
  • Staff turnover due to retention challenges and an aging workforce

Professional Service Management

Professional service firms are selling an intangible product – time and knowledge. Their challenges are related to workload management and balancing client services with sales and marketing. Consulting, law, accounting, and other professional services businesses are looking for:

  • Streamlined professional service management
  • Commercialization of data and insights delivered via automation solutions
  • Technology that can automate complex processes by breaking them into simple components such as research, data analytics, document assembly, contract management, and project management
  • Data agility for better collection, storage, reporting, and usage of large amounts of information that provides faster, accurate insights and solutions for clients
  • Efficient technology that lets employees focus on critical, strategic tasks instead of administrative responsibilities

Oilfield Service Management

Complex oilfield service management projects occurring in multiple geographies require tools to collect and transmit large data sets in real-time that can inform key decisions. Oilfield services companies often grapple with:

  • Managing and planning for risk
  • Maintaining financial control across projects in different areas and under different legal structures
  • Supporting upstream players via repair and maintenance of wells and drilling equipment, drilling rig leasing, and seismic data processing
  • Real-time visibility into production costs, yields, and outcomes
  • Data sharing across multiple systems
  • Improved production planning
  • Compliance with multiple regulatory mandates
  • Optimizing field logistics and the supply chain
  • Tracking equipment and other assets

These challenges are among the core reasons to use a Cloud ERP.

Work on site.

Field services companies are facing increasingly complex products and more demanding customers.

Advantages of a Cloud ERP for services companies

Why are more service companies turning to Cloud ERP to help manage their businesses? Because Cloud ERP brings all departments together into one system and allows everyone to access data and reports any time and anywhere.

Here are some of the advantages of choosing a Cloud ERP:

  • Integration. Eliminate costly third-party integration services, expensive add-ons, and increase efficiency with a completely integrated system that provides a single source of truth and can be used across the company.
  • Accurate, efficient data. With one data source, there’s no need to re-enter information in different systems, resulting in fewer errors and more accuracy.
  • Streamlined operations. Processes for working together and sharing data are streamlined with everyone working in one Cloud ERP across the company, including finance, customer relations, distribution, project management, operations, project accounting, and service management.
  • Anywhere access. With cloud-based access and mobile applications, users can access information, files, and reports from any internet-connected device at any time and from any location.
  • Security. Service companies have legal and regulatory mandates for how data is collected, stored, and used, especially client data. A top-notch Cloud ERP is very secure using the most rigorous encryption and software protection.
  • Lower operational costs. With Cloud ERP there is no on-premise equipment to install, configure, maintain, and upgrade.
  • Production planning.  Companies can use predictive analytics to maintain production schedules and keep up with demand.
  • Scalability. As your business grows, your Cloud ERP scales with you.
  • Relationship management. By giving your off-site teams access to information. They will be able to answer customer questions and know the current status of the account while on the job. In addition, you can give your partners, suppliers, and customers access to their own data so they will be able to see the status without making a call to your office. Management will benefit from a 360-degree view of customer interactions with sales, marketing, finance, fulfillment, and customer service.
  • Customer management. Manage leads, contacts, accounts, and cases with a consolidated view of all prospects and customers.
  • Automated sales and marketing. Integrate your Cloue ERP with sales and marketing automation tools that track, manage, and assign leads to sales teams, resulting in shorter sales cycles and increased closed-business rates.
  • Contract and order management. Use company-defined sales workflows to expedite orders and contract creation and execution with tools to handle discounting, flexible pricing, variable service rates, and long-term or warranty-specific support cycles.
  • Adaptability. Cloud ERP is designed to respond to ever-evolving and changing customer demands for better service, incorporating cloud computing, business intelligence, analytics, automation, e-commerce, and mobile technologies.
  • Better insights and productivity. Business processes intelligence tools and dashboards deliver insights into client trends and purchasing patterns that increase billable hours and staff productivity.
  • Integrated document management. Share invoices, customer interactions, inquiries, and contracts across disciplines to provide consistent and coordinated service. Automated and rules-based workflows route documents, track activity, avoid delays, and signal when a step in the process is behind schedule.
  • Logistical control. Dispatch calendar boards optimize travel routes, rearrange appointment orders, schedule, and dispatch employees to the right job at the right time.
  • Time and expense management. Make timesheet and expense report entry easy for your employees, subcontractors, and partners with capabilities on mobile devices. Accelerate project cost collection and reporting by consolidating expenses and allocating shared expenses.
  • Project accounting. Manage project budgeting, billing, and profitability across projects, employees, materials, resources, and tasks. Project accounting integrates with general ledger, accounts payable, accounts receivable, and inventory management.
  • Improved cash flow. Fulfill orders and requests faster with fewer mistakes which translates to faster collection and reconciliation.
  • Collaboration. Cloud ERP streamlines internal collaboration and partnership with freelancers, contractors, partners, and customers.
  • Employee empowerment. With a single source of data and a complete view of client engagement, employees have a more complete understanding of relationships, can make better decisions, and can deliver better service.
  • User-friendliness. Cloud ERP lets users customize views, displays, reports, and dashboards using fields and data that are most relevant to their work. Browser-based drop-down menus, point-and-click functionality, and visualizations make the platform easy to use quickly.
  • Software integration. Cloud ERP can integrate seamlessly with other work productivity applications such as the Microsoft Office. It can also integrate with credit-card processing, barcode, project management, e-commerce, print, promotion, and supply chain solutions.
  • Reliability. Because Cloud ERP lives in the Cloud it can be accessed even when the company itself is shut down because of adverse weather or a pandemic.
  • Data recovery. Cloud ERP backs up data and includes recovery services, ensuring minimal disruption and fast restoration of your data in case of a natural disaster or a cyberattack.
  • ERP vendor support. Your Cloud ERP vendor can customize your ERP solution to the way you work and support you with the functionality you need in your business.

Acumatica Cloud ERP

Acumatica Cloud ERP – Service Edition is designed with the service industry in mind. Its applications meet specific needs for field services, professional services, and oilfield services providers, including:

  • Financial Management
  • Project Management and Accounting
  • Inventory Management
  • Equipment management
  • Warranty management
  • Service contract management
  • Scheduling, dispatching, and call center
  • Route planning with maps
  • Mobile ERP accessibility
  • Dashboard and business intelligence
  • Emergency service calls
  • Business Process Management
  • Sales Order Management
  • Purchase Order Management
  • Time and Expense Management
  • Service and Support Automation
  • ERP Vendor Expertise and Ongoing Support

As a gold-certified Acumatica partner, NexTec Group has helped many field service, professional service, and oilfield service companies implement Acumatica and maximize it for their unique company needs. Our skilled consultants have extensive knowledge and experience in the service industries and can help you configure Acumatica and integrate your other systems to build a strong, integrated business management system. We provide training, insights, and support to ensure your business gets the most return from your investment.

To learn more about how NexTec and Acumatica deliver exceptional products that solve your services company’s most critical business needs, take a tour of the cloud ERP for growing businesses today!

Additional resources

Here’s how Acumatica can save your field service business

How to choose an Acumatica partner

The Acumatica difference: 5 reasons growing companies choose the fastest-growing ERP solution

Warehouse worker taking note of supplies.

4 ways ERP improves productivity for distributors and wholesalers

By | Distribution / Supply Chain, ERP | No Comments
Worker looking at supplies on shelves.

How can ERP promote productivity for distributors?

With the supply chain turned on its head, many distributors are trying to find ways to go back to business as usual, but longer, unpredictable delivery times slow down incoming shipments and the entire process of receiving, organizing, and distributing goods to clients.

The challenges are multiplied by a complex supplier network, each supplier facing its own unique challenges with their supply chains.

There isn’t much that distributors can do about playing the waiting game with suppliers. But the good news is that distributors can find cost-savings internally. Now is the time to streamline efficiencies in inventory tracking, order fulfillment, and labor management.

Let’s explore a few of the productivity-boosting benefits of ERP that can help distributors compensate for supply chain delays.

Take control of inventory and ordering

With a modern ERP (Enterprise Resource Planning) system, distributors can keep track of inventory in real-time and make smarter ordering decisions. You can set low-level alerts that notify you when it’s time to reorder so you can get ahead of the game and keep your clients’ most in-demand products in stock. A top-notch ERP can also help you prevent over-ordering that takes up valuable warehouse space for products you don’t need.

Reduce delays in order fulfillment

ERP systems can automate order fulfillment activities that were once performed manually to save time and money and prevent costly errors. From processing orders to invoicing customers, companies can set up their own rules to manage everything from credits and returns, drop shipping, and even orders that involve multiple warehouses.

Shipping boxes on belts.

Time is essential in maintaining customer satisfaction.

Automate processes and save money

ERP helps distributors automate tasks and eliminates some of the manual activities performed in a distribution warehouse, which can reduce labor costs. ERP’s real-time data access can further minimize redundancy, ensuring each employee is focused on value-adding activities and not handling tasks that have already been completed. Automation also frees up labor hours so your staff can focus on higher-level tasks.

Unify systems for growth and innovation

One of ERP’s inherent benefits is uniting various business systems and functions that once operated in silos. For example, accounting, inventory, operations, and supplier management can be integrated into a single platform that gives you a holistic view of your operations. You can see the data in real-time and learn what you can do to get more efficiency out of your distribution process and maximize profit and productivity.

How Acumatica and NexTec is bringing productivity back to wholesale distribution

Acumatica Cloud ERP – Distribution Edition streamlines your distribution processes and helps manage inventory levels, sales ordering, pricing, shipping, sourcing, and billing. All your information is in one secure location. Because it lives in the Cloud, Acumatica gives you and your team anytime, anywhere access from any device to ensure flexibility, efficiency, and continuity of operations. With accurate, real-time data at your fingertips, issues can be identified early and addressed quickly.

As a gold-certified Acumatica implementation partner, NexTec Group can get your distribution or wholesale business up and running quickly, so that you can be productive and on the road to success, even during a pandemic.

Discover how ERP is closing the gaps in supply chain inefficiency. Take the Acumatica software tour.

Webcast - Bring data to life with Solver and Power BI

Webcast: Bring your data to life with Solver and Power BI (recorded webcast)

By | BI, Events, Recorded webcasts, Solver | No Comments

Let your data tell a story with interactive dashboards. Watch our recorded webcast to see how you can bring your data to life with Solver and Power BI. Interactive dashboards enable managers to monitor and measure performance in real-time so they can make smarter and faster decisions.

With Solver Cloud, a recognized leader in Corporate Performance Management tools, and Microsoft Power BI, the world’s leading visualization solution, you can quickly implement a set of powerful, web-based dashboards that will help you visualize trends, identify issues, and ultimately drive success.

Helpful resources

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Acumatica Partner

How to choose an Acumatica partner

By | Acumatica Cloud ERP, ERP | No Comments

Acumatica Partner

When you choose Acumatica Cloud ERP, you work exclusively with one of the company’s highly vetted and well-trained partners who will implement software and support your company post-implementation. This benefits you in many more ways than you would think. Today, we would like to explore some of the reasons the Acumatica partner model provides an ideal business management solution, and why NexTec is the ideal Acumatica partner to get you there.

Why the Acumatica partner model works: innovation for you—with a personal touch

74% of the Acumatica staff is focused on R&D

Acumatica couldn’t become one of the fastest-growing, highest-rated, and innovative cloud-based ERP solutions in just over a decade without a strategy focused on aggressive innovation. By choosing to sell the software only through its partners, Acumatica is given the freedom to focus on innovation; nearly three-quarters of its staff is in research and development.

From the industry editions to the robust twice-annual updates, Acumatica Cloud ERP continues to provide new products and enhancements to its core business management solution, improving user experience and making the software more viable for an ever-expanding group of businesses.

100% partner model: the personal touch you need

With the exclusively channel-based partner model, you can rest assured that Acumatica puts a great deal of effort into making the program a success. Given a 5-Star Channel Program Rating by leading voice in the industry CRN, the Acumatica Partner Program is designed to empower partners. With this vast, diverse network of focused partners, you are easily able to find the right partner to deliver your software, the partner with the skills, size, and experience to get the job done.

When you work with an Acumatica Partner, you work with a company that puts your needs first, that gets to know your business inside and out so that they can deliver a customized business management solution that matches your needs.

The Acumatica API and platform combines innovation and customization

While the Acumatica partner model lets the company focus on innovation and the partners focus on making the platform work for you, the cloud-based ERP platform itself is built for innovation as well. By providing customers and partners access to the source code, partners can take the solution even further by developing integrations and enhancements for the unique needs of customers, truly providing you the best of both worlds.

NexTec Group: Not just one of the biggest – one of the best

While all the above-mentioned reasons may explain why the Acumatica partner model works, the real question is: why should you choose NexTec as your Acumatica partner? No matter what your previous cloud-based ERP experience was, if you’ve worked with a value-added reseller (VAR) before, you already understand that the channel partner world is diverse—and not every VAR is created equal.

Channel partners range from tiny shops to multinational firms, have a broad array of niches, and could have anywhere from one employee to thousands. It’s why finding the right partner for your unique needs is so important—often as important as selecting the right software—and it’s why it pays to work with a company that has the size, scope, and experience to get the job done.

At NexTec Group, we are not only among the biggest VARs, but we are also among the best. Whether you are looking for a partner big enough to easily handle your needs, that has honors from across the industry, or that has the experience you need, we have been there and done that.

Proven innovation in the VAR community

When it comes to finding the right VAR, one of the biggest factors to look at is whether the VAR is skilled. Becoming ‘certified’ is good, but having the experience to back it up is great. Bob Scott’s Insights VAR Stars is an annual listing of these value-added resellers who lead all others in growth, innovation, customer management, and industry leadership. This annual list recognizes the best and the brightest, and it’s an honor for NexTec to have appeared on the top 100 list since 2004.

We understand that awards may not be everything, but we are pleased to have a few of them from a wide range of analysts and experts. Don’t believe the hype? Take it from our customers.

Big enough to exceed your needs, not too big to forget them

You need an Acumatica partner with the scale, scope, and size to deliver services no matter how big (or small) you are, what you do, or where you are, but not a partner that has become so large that they’ve forgotten how important every client is.

NexTec Group’s commitment to serving customer needs is well documented—both in the aforementioned VAR Stars honors or our most recent recognition: Acumatica President’s Club. President’s Club is only bestowed on the top ten Acumatica Gold Certified Partners for their ability to deliver solutions for customers, and we are pleased to announce that we recently took home this honor at the annual meeting of users and partners, Acumatica Summit 2019.

Experience and honesty

Perhaps NexTec Group’s greatest strength as an Acumatica partner lies in the deep industry experience of our consultants. As we developed our team of consultants, we worked to attract those with a deep understanding of our clients and their industries. Today, our average consultant has 25 years of experience in software, consulting, and industry, all of which translates into a significant benefit to all of our clients.

Because we approach every client need with experience and honesty, NexTec Group maintains a well-above-average 95% annual customer retention rate, working shoulder-to-shoulder with every client to ensure that each one gets the most from their ERP solution.

Get to know NexTec

We chose NexTec because they were the only provider that spent the time getting to know and understand our business and our employees.” – Janet O’Neal, Planning and Control Manager (Kellogg Garden Products)

Since 1994, NexTec Group has been in the business of software, and as a leading reseller of Acumatica, we have helped customers just like you to realize the benefits of the product and implement the solution without any hiccups. Get to know more about our work herefind your local office, and discover a cloud ERP for growing businesses. 

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4 Ways ERP Helps Professional Services Businesses Grow

By | ERP, Professional Services | No Comments
Group of three colleagues looking at a large document on a table.

How can you improve operations in your professional services firm?

Historically, ERP systems have been key drivers of information and growth for manufacturers. But today, manufacturers are not the only ones who benefit from ERP. Professional service firms like architects, attorneys, accountants, and consultants are finding benefit in powerful ERP software that an give them a 360-degree view of their business and their customers.

As a general rule, ERP systems like Acumatica deliver business value by optimizing front-end procedures and back-end operations. By integrating company data related to budgets, billable hours, client relationships, and other functions, professional services firms can focus more on business growth and less on time-consuming manual tasks.

Here’s a closer look at some of the benefits you can expect when you deploy ERP in your professional services firm.

Simplify complex projects

Every client and project is unique. Whether you’re the architect for a multi-floor facility or you’re handling an important legal case, every project requires a high level of attention to detail, progress tracking, expense reporting, and accurate invoicing.

ERP unifies all of the above to give you a single project profile. You can use Acumatica Cloud ERP to assign and track expenses for each project or client, include project notes, manage change orders, and even gauge your profitability. ERP serves as a single source of truth that gives you maximum visibility into your operations and how various practices of your business impact others.

Man sitting on his couch looking at his computer screen while holding a document.

Accurate billing is essential to profitability.

Improve billable hours

Billing accuracy is a major challenge for many professional service firms. Employees sometimes don’t properly capture time spent on billable activities, leaving hard-earned money on the table.

ERP makes it easier to track billable activities and can back up your billing claims with data. It logs how you spent your time to ensure each client is charged appropriately. Improved billing procedures can help increase your profits without also increasing your workload.

Track and monitor performance

For many professional services firms, people are their single most important asset. Choosing the right team for the project and tracking progress, performance and time is important.

ERP’s project management tools can give companies greater visibility into performance and progress. Monitor workloads and productivity to avoid overloading your people and ensure consistent, timely outcomes for your clients.

Woman sitting next to a robot.

How much time and money can automation through ERP save?

Automate manual tasks

Arguably one of ERP’s most advantageous benefits is its ability to automate many time-consuming tasks that were once done manually. Automating activities like invoicing, payroll, expense calculations, and timesheets not only saves time in the office, but also reduces the potential for human data entry errors to occur.

NexTec and Acumatica sets your professional services firm up for success

When it comes to choosing an ERP for your professional services firm, it’s important to select one that’s made with your unique needs and challenges in mind. Acumatica is built to help you provide the best possible service, in the best, most profitable way.

As a leading Acumatica implementation partner, NexTec is here to help you get the most from your ERP investment. Discover more when you take the Acumatica software tour.

Growing companies rely on Acumatica Cloud ERP’s scalability

By | Acumatica Cloud ERP, ERP | No Comments

Many companies reach a point where they outgrow their entry-level or legacy business and accounting software. Perhaps they were using QuickBooks, or a dated on-premise software to manage day-to-day accounting needs, order management, supply chain management, and financial tasks. Eventually, these needs expand and call for more comprehensive software that offers more flexibility, more features, and room to grow.

Let’s take a look at what makes Acumatica’s Cloud ERP system an excellent solution for organizations in need of software that will grow with them.

Cloud Computing Is Inherently Scalable

A cloud ERP system is built in a way that makes it relatively easy and affordable (for even the smallest companies) to expand, ramp up, add functionality, integrate new systems, and more. The shared tenancy model of a cloud-based ERP solution means that costs are spread across a large number of customers who take advantage of upgrades and updates automatically, all without much major support required from an internal IT team. Learn more.

Consumption-Based Pricing Model

There’s no need to worry about pricing, as Acumatica is designed to suit companies at all stages; you won’t be tied to a specific number of users, but instead will only pay for resources you actually need. If you want to add users, whether they’re casual users, suppliers, or customers, there are no additional charges. Just create the new users. This enables your entire team to utilize the system. All applications, from order management to accounting to payroll to supply chain management, can be integrated at any time with a platform approach to software. Determine your needs as you grow; this isn’t a typical one-size-fits-all solution. Explore the details of Acumatica’s pricing.

No Extra Costs to Hold You Back

A growing company needs a platform that evolves with it. When entry-level or legacy software is likely no longer supporting efficient management and achieving results, it’s time to focus time and effort on solving real problems. Technology moves quickly, so software systems should adapt and scale with change. An increase in headcount shouldn’t cost more money. Business needs should define your cloud-based ERP solution and scale accordingly. Say goodbye to incrementally increasing maintenance fees and limited-user license fees that add up and reduce profit margins. Acumatica is designed to eliminate these frustrations so nothing is holding you back from growth!

Agility Leads to Action

Acumatica is designed to enable a ready-for-action organization. Real-time data and insights are available on-demand, so decision-makers can immediately spot areas needing improvement and take advantage of opportunities. This is required to make actionable decisions, to keep up with and surpass competitors, to be responsive to customers, and to drive future growth. Other solutions don’t necessarily offer the computing power, functionality, and tools to drive the business forward; they’re simply keeping up with the status quo. Acumatica delivers more.

Mobility Drives Productivity

Acumatica’s Cloud ERP solution is meant to be mobile, In fact, it’s built for mobility! Users can access their tools anytime, anyplace, and remain productive around-the-clock, whether they’re on their laptop or smartphone, in the boardroom or living room. This makes a difference to companies today. Acumatica is ready to be mobile; implement the software and your employees will have mobile access right away.

Maximizing the capabilities of Acumatica ERP means having a trusted Cloud ERP vendor to guide you through the implementation journey. As a Gold Certified Acumatica Partner, NexTec is uniquely positioned to help businesses make the most of their Acumatica ERP solution investment and gain a strong return on investment. To learn more about how NexTec and Acumatica can help your organization scale, take the Acumatica tour today and discover streamlined business management.